Emerald Holding, Inc. (NYSE:EEX) Q3 2023 Earnings Conference Call November 6, 2023 8:30 AM ET
Company Participants
Herve Sedky - President & CEO
David Doft - CFO
Conference Call Participants
Barton Crockett - Rosenblatt
Allen Klee - Maxim Group
Sami Kassab - BNP Paribas
Operator
Good morning, and welcome to the Emerald Holding, Inc. Third Quarter 2023 Earnings Conference Call. [Operator Instructions] A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.
Before we begin, let me remind everyone that this call will include certain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These include remarks about future expectations, beliefs, estimates, plans and prospects. In particular, the company's statements about projected results for 2023 are forward-looking statements.
Such statements are subject to a variety of risks, uncertainties and other factors that could cause actual results to differ materially from those indicated or implied by such statements. Such risks and other factors are set forth in the company's most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. The company does not undertake any duty to update such forward-looking statements.
Additionally, during today's call, management will discuss non-GAAP measures, which it believes can be useful in evaluating the company's performance. The presentation of this additional information should not be considered in isolation or as a substitute for results prepared in accordance with U.S. GAAP. The reconciliation of these non-GAAP measures to the most comparable GAAP measure can be found in the company's earnings release.
As a reminder, this conference is being recorded, and a replay of the call will be available on the Investors section of the company's website through 11:59 p.m. Eastern Time on November 13.
I'd now like to turn the conference over to Mr. Herve Sedky, President and Chief Executive Officer. Sir, please go ahead.
Herve Sedky
Well, thank you, Kevin, and good morning, everyone. It's great to be with all of you today to discuss our third quarter results. I'll start with a review of our year-to-date performance and then give an overview of our strategy, focus on our growth pillars, customer centricity, 365-day engagement and portfolio optimization. David Doft, our CFO, will then provide more detail on our financials.
Starting with live events. We continue to see significant year-over-year growth in both revenue and profitability driven by increases in exhibitors, attendees and pricing. As a highly diversified and scaled platform, Emerald continues to benefit from post-COVID tailwinds including the removal of international travel restrictions with some attendees just beginning to return to shows this year as well as improvements in our customers' supply chains.